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abh3vt

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abh3vt

Re: larrybaz post# 114549

Monday, 07/22/2024 11:46:54 AM

Monday, July 22, 2024 11:46:54 AM

Post# of 118267
KINS....just remember that they have an active ATM stock sales plan that is currently running. So, its likely the company is selling some shares into this rally.

https://d18rn0p25nwr6d.cloudfront.net/CIK-0000033992/578a4125-670e-47ed-8e90-cad852bfc76a.html

$16.7MM potential in sales, which IF maxed out at current prices is probably ~30% dilution. I doubt they would be able to sell that much at current prices esp given its trading volumes....so dilution would likely be far less than that. The company's forward statements are very bullish and its arguably still cheap.....but I'd advise following Hweb and take some off the table
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